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MTN Group and IHS Towers have agreed to a major $6.2 billion merger deal. This agreement means MTN will take full control of IHS Towers, a leading tower infrastructure company. IHS Towers announced the proposed merger on Tuesday. The Board…
Zenith Bank has issued a strong warning to Nigerians about fake videos spreading on social media. These videos falsely show the bank’s Group Chairman, Jim Ovia, promoting a shady investment scheme called Wealth Bridge. The bank says the videos are…
Egyptian e-commerce startup Flextock has secured $12.6 million in a Series A funding round. The investment is led by TLcom Capital, a pan-African venture firm that supports technology companies across Africa. This funding will help Flextock grow its platform throughout…
If you tried to book a ride in Lagos or Abuja last Saturday, you probably faced long waits and high prices. It was not just normal weekend traffic from people going to events. It was a huge surge in demand.…
Public meetings about the Kenyan government’s plan to sell a 15% stake in Safaricom for about $2.1 billion have ended. The meetings gave a clear message from the people: they do not like the deal. Kenyans are not against selling…
Visa, the global payments leader, has created a new sub-region that groups Egypt, Libya, and Sudan together. This move aims to grow its presence in North Africa and speed up digital changes in these three countries. The change fits into…
South African telecom giant Telkom has shared exciting third-quarter results for 2025, showing a big move towards data services. Data now makes up 60% of the company’s total earnings. This shift shows how the telecom world is leaving behind old…
The State Security Service (SSS) has filed cybercrime charges against former Kaduna State Governor Nasir El-Rufai. This comes after he admitted on live television that he listened to phone conversations of National Security Adviser Nuhu Ribadu. Someone tapped the security…
The European Union has stepped up its fight against Meta Platforms. It warns that it may take quick action because Meta is blocking rival artificial intelligence services from working on WhatsApp. This is one of the strongest signs that regulators…
Nigerian drone startup Terra has just secured $22 million in fresh funding, just one month after securing $11.8 million in another round. This brings the company’s total funding to $34 million. For a startup only two years old, this puts…
